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Money Matters

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Women spend a year shopping

Women spend an average of 15 minutes more than men in a shopping centre and make up the vast majority of shopaholics – one of seven shopping tribes identified by the study. One in 10 likes to indulge in a spot of retail therapy every day.
Shopping tribes range from shopaholics to the bargain hunting, price-sensitive [...]

Money doesn’t buy happiness. Does it?

This theory, dubbed the Easterlin Paradox, was developed in 1974 by Richard Easterlin, an economist currently on the faculty at the University of Southern California.
They found that the wealthiest countries in terms of gross domestic product (GDP) per capita rank near the top of surveys on happiness, with the poorest at the bottom. More significantly, [...]